Invesco Solar ETF
38 hedge funds and large institutions have $73.6M invested in Invesco Solar ETF in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 2 closing their positions.
700% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 2
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
163% more capital invested
Capital invested by funds: $28M → $73.6M (+$45.6M)
58% more funds holding
Funds holding: 24 → 38 (+14)
6.69% more ownership
Funds ownership: 26.46% → 33.15% (+6.7%)
30% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $2.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.78M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$3.49M |
| 3 |
Morgan Stanley
New York
|
+$3.1M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.82M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.39M |
| 2 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$479K |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$295K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$265K |
| 5 |
LWI
Long Wharf Investors
Boston,
Massachusetts
|
-$55.3K |
TAN Hedge Fund Activity: Q3 2013 in Review
38 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q3 2013, worth a combined $73.6M — up 163% from $28M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TAN positions and 2 closed out — a net gain of 14 holders — while 13 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.78M. The largest seller was Bank of America, cutting an estimated $1.39M.
- 38 institutional investors held Invesco Solar ETF (TAN) as of Q3 2013, up from 24 in Q2 2013.
- Funds reported $73.6M of Invesco Solar ETF stock for Q3 2013, up 163% quarter-over-quarter.
- 16 funds opened new Invesco Solar ETF positions in Q3 2013 and 2 closed out, a net change of +14 holders.
- The largest Invesco Solar ETF buyer in Q3 2013 was Goldman Sachs, an estimated $5.78M added.
- The largest Invesco Solar ETF seller in Q3 2013 was Bank of America, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2013.